Tenet Healthcare Unlocks $2.65 Billion in Value with Strategic Conifer Restructuring, Eyes Buybacks and AI Expansion
Tenet Healthcare has finalized a complex $2.65 billion transaction restructuring its Conifer unit's long-standing contract with CommonSpirit Health. The deal bolsters Tenet's cash flow, returns full control of Conifer, and sets the stage for accelerated share repurchases and investments in automation and AI-driven efficiency.